How To Fix 63064 - Cash deposit not sufficient for withholding amount

63064 - Overview

• Message type: E = Error

• Message class: 63 - Messages for Real Estate Management

• Message number: 064

• Message text: Cash deposit not sufficient for withholding amount

What causes this issue?

The total cash deposit to be refunded (&V1& &v2&) is less than the
entered withholding amount.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Verify withholding amount and enter a lower amount, if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 63064 - Cash deposit not sufficient for withholding amount ?

  The SAP error message "63064 Cash deposit not sufficient for withholding amount" typically occurs in the context of financial transactions, particularly when dealing with withholding tax calculations. This error indicates that the cash deposit available is not sufficient to cover the withholding tax amount that needs to be paid.
  
  Cause:
  
  Insufficient Cash Deposit: The primary cause of this error is that the cash deposit in the system is lower than the amount required for withholding tax.
  Incorrect Configuration: There may be issues with the configuration of withholding tax settings in the SAP system.
  Data Entry Errors: Incorrect data entry during transaction processing can lead to discrepancies in the cash deposit and withholding tax amounts.
  Timing Issues: If the cash deposit was not updated or posted correctly before the transaction requiring withholding tax is processed, it can lead to this error.
  
  
  Solution:
  
  Check Cash Deposit: Verify the cash deposit amount in the system. Ensure that it is sufficient